Exactly.
With some manuals, there’s a bit of a cushion because the max load was worked up in a minimum dimension .223 Rem chamber, and our ARs don’t usually have those. Of course, we can’t rely on that because: a)some powders seem to get squirelley near max b) some manuals are actually quite hot, like Western’s 5.56 section* c) lot-to-lot variation and d) we don’t really know how much the pressure will change with temp, or what our average/max pressure is, as handloaders, because we can only measure pressure indirectly, and likely have not even done that.
There can be benefits to using slower or predictable powders, or just giving yourself some margin, and they don’t always show up on paper.
*I did a workup with Tac and got flat primers and spicy recoil well before book max, using Hornady 55 fmj.
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